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New research has found that two in five business owners are losing sleep over the economic crisis–don't lose sleep over your self cert mortgage–get expert advice.

For the past year, small businesses have languished in arguably the worst trading conditions in living memory, so it's not surprising that a staggering 44% of small business owners, equivalent to 2,068,000 individuals, have admitted suffering sleepless nights worrying about the economic crisis according to new research from Close Invoice Finance.

The group surveyed small businesses up and down the country and found that seven in 10 owner managers are significantly more stressed as a result of the economic downturn with almost half confessing it has had direct impact on their home life – the survey found that 30% of business owners are now admitting relationship problems with their partner due to the economic crisis.

David Thomson, chief executive of Close Invoice Finance says: “With the insolvency service reporting 5,055 new corporate liquidations in Q2 2009 – up 2.9% on the previous quarter, it is no surprise that so many business owners are feeling the pressure. We continue to discuss the economic crisis in macro terms, ignoring the strain that managing a business through a downturn places on your personal life."

If you are losing sleep over your debts, wondering how you are going to be able to pay your self cert mortgage next month, talk to your mortgage adviser before it's too late. By talking to a professional you may well find that your problems are not as bad as they seem at 2am, and in fact a remortgage or a new financial product is all you need to get your finances back on track.

Don't spend your evenings worrying; talk to a professional and take a load off your mind. Everyone is struggling through this downturn, but you don't have to struggle alone.

SOURCE: Close Brothers, 11/08/09

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